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Tue, May 05, 2026 05:54 AM All times are UTC

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Kakao's Q3 net almost triples to 143.7 billion won

Nov 06, 2020 02:26 am UTC| Business

Kakao Corp.s third-quarter net profit reached 143.7 billion won, rising nearly three times from its 51.1 billion won a year earlier and surpassing a FactSet forecast of 88.99 billion won. The company attributed its...

SsangYong hopes new Rexton SUV would boost sales in S. Korea

Nov 05, 2020 23:00 pm UTC| Business

SsangYong Motor Co. launched the all-new Rexton SUV in South Korea, priced at 37 million won to 50 million won, to boost sales amid the pandemic. The new 2.0-liter diesel engine-equipped SUV with an eight-speed...

Nongshim expects record overseas sales of instant noodles this year

Nov 05, 2020 22:34 pm UTC| Business

Nongshim Co. expects to post record instant noodles overseas sales of US$990 million this year, up 24 percent from last year, due to strong pandemic-triggered demand. According to South Koreas top instant noodle maker,...

SK hynix more than doubles Q3 net income on Huawei effect

Nov 05, 2020 22:08 pm UTC| Business

SK hynix Inc. surpassed industry estimates with its 1.07 trillion won net profit in the third quarter, up 117.5 percent from a year earlier, due to an increase in demand for mobile chips from Chinas Huawei Technologies...

Hyundai inks initial supply deal to China for 4,000 hydrogen trucks

Nov 05, 2020 19:24 pm UTC| Business

Hyundai Motor Co. signed two separate initial deals with Chinese companies to supply 4,000 hydrogen trucks by 2025 to the companies in the Yangtze River Delta region and the Beijing-Tianjin-Hebei economic zone. An MOU...

Why Do More People Trust in Regulated Exchanges?

Nov 05, 2020 05:37 am UTC| Business

Today we see that more people are turning to regulated markets to trade their investments. This has led to more regulatory bodies becoming involved in the industry and this has meant that the regulated exchanges have more...

Is It A Good Time To Invest In Online Gambling?

Nov 05, 2020 04:47 am UTC| Business

If you are like most investors, you can probably still remember when the casino industry took a big dive worldwide not too long ago. Heck, there is still no denying that the industry is still somewhat hurting due to the...

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Economy

Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress

Irans Foreign Minister Seyed Araghchi has cautioned that escalating military actions will not resolve the ongoing Hormuz crisis, emphasizing instead the importance of diplomatic negotiations. In a recent statement,...

Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations

Asian stock markets declined on Tuesday as investor sentiment weakened בעקבות escalating geopolitical tensions in the Strait of Hormuz and anticipation of further monetary tightening in Australia. Regional trading activity...

Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets

Oil prices slipped during Asian trading on Tuesday following a strong rally in the previous session, as investors balanced rising geopolitical tensions in the Gulf with U.S. efforts to stabilize critical shipping routes....

Yen Volatility and Middle East Tensions Drive Dollar Strength in FX Markets

The Japanese yen remained a focal point in global foreign exchange markets on Monday, as it trimmed earlier gains against the U.S. dollar following a sharp rally driven by speculation of government intervention. The...

Gold Prices Edge Higher Amid Middle East Tensions and Oil Market Volatility

Gold prices rebounded slightly in Asian trading on Tuesday after hitting a one-month low, as investors reacted to escalating geopolitical tensions in the Middle East and renewed efforts by U.S. President Donald Trump to...

Politics

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

South Korea Probes Explosion on HMM Vessel in Strait of Hormuz Amid Rising Tensions

South Korea announced an investigation into the cause of an explosion and fire aboard a South Korean-operated cargo ship in the Strait of Hormuz, a critical global shipping route. The incident, which occurred on Monday,...

Armed Suspect Shot Near White House After Firing at Secret Service Officers

A tense security incident unfolded near the White House on Monday when U.S. Secret Service officers confronted an armed and suspicious individual, leading to an exchange of gunfire and a brief lockdown of the area....

Rudy Giuliani Hospitalized in Critical but Stable Condition After Pneumonia

Former New York City Mayor Rudy Giuliani is recovering in a Florida hospital after being diagnosed with pneumonia, according to his spokesperson. The 81-year-old political figure remains in critical but stable condition,...

Bolsonaro Discharged After Shoulder Surgery Amid Ongoing Legal Troubles

Former Brazilian President Jair Bolsonaro has been discharged from a hospital in Brasília after undergoing shoulder surgery, marking another development in his ongoing health and legal situation. The procedure,...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations

Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Anthropic Secures $1.5B AI Venture Backed by Wall Street Giants, Shaking Software Sector

Anthropic has reportedly secured $1.5 billion in funding for a new artificial intelligence joint venture backed by major Wall Street firms, signaling a significant shift in the AI and enterprise software landscape....

Meta Plans $13B AI Data Center Financing in Texas Amid Surging Big Tech Investment

Meta Platforms is reportedly partnering with Morgan Stanley and JPMorgan Chase to secure a massive $13 billion financing package for its planned data center in El Paso, Texas. According to sources cited by Reuters, the...

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...

Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals

Samsung Electronics, the worlds leading TV manufacturer, has made a significant leadership change in its television division for the first time in over two years. The company announced that Lee Won-jin, formerly head of...